Many complexities can arise in over-the-counter derivatives, such as: introductory periods, adjustments in the payoff formula, multiple termination conditions and contractual changes in terms (such as daycount basis). Numerix PaymentStreams approach accounts for these types of variations in a very intuitive way, closely resembling a term sheet and extending all of the flexibility of Numerix beyond quantitative developers.

Our PaymentStreams method of structuring also allows for advanced cashflow logging, giving the user detailed information such as: fixing date, accrual start and end, payment date, daycount fraction, discount factor, expected coupon rate, notional repayment—and even the implied fx forward rate, for each and every coupon period. This level of detail enables a high level of transparency into the underlying analytics.